Bitcoin up 700% Since Michael Saylor’s Strategy’s First BTC Buy

bitcoin-usd/”>BITCOIN: THE ULTIMATE INVESTMENT ROLL OF THE DICE”

Bitcoin up 700% Since Michael Saylor’s Strategy’s First <a href="https://investment-policy.com/btc-usd/">BTC</a> Buy

So, you want to know the secret to making a killing in the world of cryptocurrency? Well, it’s quite simple, really. Just take a deep breath, put on your best “I’m a genius” face, and buy a whole bunch of Bitcoin. Easy peasy, lemon squeezy!

But, I digress. The real story 😏

FACT: #BITCOIN IS UP 700% SINCE MICHAEL SAYLOR STARTED BUYING

GAMESTOP IS NOT PRICED IN πŸ”₯

β€” The Bitcoin Historian (@pete_rizzo_) March 26, 2025

Fast forward to today, and BTC has increased by over 700%, currently trading at a whopping $87,923. Not bad for a little experiment, eh? 😎 Strategy’s common shares have also increased by around 2,500% since Saylor started investing the company’s funds in Bitcoin as an inflation hedge in 2020. I mean, who needs a 401(k) when you can just buy Bitcoin, am I right? 🀣

Saylor’s aggressive Bitcoin accumulation paved the groundwork for a wave of institutional adoption, inspiring corporations, hedge funds, and even governments to explore BTC as an asset. It’s like a big game of follow-the-leader, and everyone wants to be the cool kid on the block! πŸ‘

In the most recent acquisition, Strategy bought $584.1 million of Bitcoin after raising more than $700 million last week through the sale of so-called perpetual strife preferred stock. Because, you know, who needs cash when you can just print more money… err, I mean, Bitcoin? πŸ€‘

The purchase, the latest in a string of almost weekly acquisitions since late October, brought the dot-com-era software-manufacturer-turned-leveraged-Bitcoin-proxy’s cryptocurrency holdings to roughly $44.3 billion. That’s a whole lotta Bitcoin! 🀯

Bitcoin buying has gained traction as the price of Bitcoin has skyrocketed over the last year, with the U.S. creating its own strategic Bitcoin reserve. Because, you know, nothing says “strategic reserve” like a bunch of digital coins! πŸ€ͺ

Bitcoin institutional interest grows

New additions to the crypto landscape are taking cues from Saylor, with a variety of companies inspired by Strategy’s rise. It’s like a Bitcoin fan club, and everyone wants to be a member! πŸŽ‰

Several Bitcoin mining businesses, including MARA Holdings and Riot Platforms, as well as the cryptocurrency exchange Coinbase Global, have also served as Bitcoin proxies on that market. Because, you know, who needs to actually mine Bitcoin when you can just buy it? πŸ€‘

GameStop, the video-game store that became the darling of retail traders during the meme stock mania in 2021, said that its board has authorized a plan to add Bitcoin as a treasury reserve asset. Because, you know, nothing says “treasury reserve” like a bunch of Bitcoin! 🀣

The Grapevine, a Texas-based company, is joining a growing list of public corporations exploring the use of corporate cash or borrowed funds to purchase the digital asset in an attempt to capitalize on Bitcoin’s price surge. Because, you know, who needs cash flow when you can just buy Bitcoin? πŸ€‘

So, there you have it. The secret to making a killing in the world of cryptocurrency. Just remember, it’s all about taking risks and being a genius like Saylor! πŸ€“

Read More

2025-03-26 18:10